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Shashwat Furnishing Solutions (BOM:543519) Total Assets : ₹54.86 Mil (As of Mar. 2024)


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What is Shashwat Furnishing Solutions Total Assets?

Shashwat Furnishing Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹54.86 Mil.

During the past 12 months, Shashwat Furnishing Solutions's average Total Assets Growth Rate was 0.60% per year.

Total Assets is connected with ROA %. Shashwat Furnishing Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was -14.97%. Total Assets is also linked to Revenue through Asset Turnover. Shashwat Furnishing Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.38.


Shashwat Furnishing Solutions Total Assets Historical Data

The historical data trend for Shashwat Furnishing Solutions's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shashwat Furnishing Solutions Total Assets Chart

Shashwat Furnishing Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
0.10 23.52 57.90 54.86

Shashwat Furnishing Solutions Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 23.52 48.47 57.90 53.94 54.86

Shashwat Furnishing Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Shashwat Furnishing Solutions's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=32.134+22.727
=54.86

Shashwat Furnishing Solutions's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=32.134+22.727
=54.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shashwat Furnishing Solutions  (BOM:543519) Total Assets Explanation

Total Assets is connected with ROA %.

Shashwat Furnishing Solutions's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-8.146/( (53.938+54.861)/ 2 )
=-8.146/54.3995
=-14.97 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Shashwat Furnishing Solutions's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=20.428/( (53.938+54.861)/ 2 )
=20.428/54.3995
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Shashwat Furnishing Solutions Total Assets Related Terms

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Shashwat Furnishing Solutions (BOM:543519) Business Description

Traded in Other Exchanges
N/A
Address
121, Mahaveer Nagar, Guro Ka Talab,, Jain Colony, Jodhpur, RJ, IND, 342001
Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration and handicrafts objects.

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